LOAN RATES

LOAN RATES

Effective February 26,2021

SCORE DETERMINATION *No Score is placed in the C Tier*

730+

690-729 660-689 620-659 580-619 579-Below

A+

A

B

C

D

E

AUTOS

Year

New & Used

2015-2021

2011-2014

2007-2010

2006 and older

Term

Up to 40

41-69

70-79

80-84

Up to 69

70-79

Up to 66

67-72

up to 55

A+

730+

2.29%

2.39%

3.19%

4.39%

3.39%

4.39%

4.89%

6.19%

4.89%

Please Read:

? Rates are determined using Trans Union Auto Specific FICO 08

Score and are not negotiable. In cases where a cosigner is required,

the higher credit score is used to determine the rate. If one of the

two applicants does not register a score, rate will be determined

based on the applicant that has a credit score. 2.29% is the floor rate

with DBO or auto transfer up to 40 months. Rate discounts on inhouse loans only.

? Mileage not to exceed 150,000

? Terms greater than 66 months only available on vehicles 2007

and newer with a loan amount of $15,000 or greater and mileage

less than 45,000 miles. 80-84 months available only with approval on

loans $25,000+ and on vehicles 2015 and newer with mileage less

that 45,000.

Trans Union Fico Score

A

B

C

D

690-729 660-689 620-659 580-619

2.49%

N/A

N/A

N/A

2.89%

4.39%

6.89%

15.99%

3.59%

4.79%

8.39%

16.49%

5.19%

7.39%

10.19%

N/A

3.89%

5.89%

8.39%

16.19%

4.59%

6.59%

10.19%

16.39%

5.39%

7.39%

11.19%

16.55%

6.39%

8.79%

12.55%

N/A

5.39%

7.39%

11.19%

16.19%

E

579-Below

N/A

18.00%

18.00%

N/A

18.00%

18.00%

18.00%

N/A

18.00%

? First due dates must not exceed 60 days from date of contract and no due

date can be set up for later than the 25th of the month.

? If total amount financed (including taxes, title fee & license fee) is less than

80% of the MSRP or NADA retail value of the vehicle, a rate reduction of .50%

will be applied.

? If the vehicle is a new untitled hybrid vehicle we will extend a .25% rate

reduction as part of our ¡°go green¡± program. Must receive a dealer invoice

stating this is a hybrid vehicle.

2.29%* rate in the A+ tier and 2.49%* rate in the A tier are only

valid up to 40 mos.

** Floor rate is 2.39% on all other loans**

MOTORSPORTS (motorcycles, wave runners, trailers)

Year

Term

New & Used

2015-2021

Up to 63

75

48

63

48

63

2008-2014

2007 & Older

A+

730+

4.69%

5.49%

4.99%

5.99%

5.69%

6.09%

Trans Union Fico Score

A

B

C

690-729 660-689 620-659

4.99%

7.19%

10.75%

5.89%

7.59%

10.99%

5.09%

7.39%

11.19%

6.99%

9.29%

12.99%

5.79%

7.49%

11.39%

7.09%

9.39%

13.09%

D

580-619

14.79%

15.89%

15.09%

16.99%

15.39%

17.09%

E

579-Below

18.00%

18.00%

18.00%

18.00%

18.00%

18.00%

Please Read:

? Rates are determined using Trans Union FICO 08 Score and are not

negotiable. In cases where a cosigner is required, the higher credit score

is used to determine the rate. If one of the two applicants does not

register a score, rate will be determined based on the applicant that has a

credit score.

? First due dates must not exceed 60 days from date of contract and no

due date can be set up for later than the 25th of the month.

? If total amount financed (including taxes, title fee & license fee) is less than 80%

of the MSRP or NADA retail value of the vehicle, a rate reduction of .50% will be

applied.

? Loan amount must be $15,000 or greater on 2015-2021 year models

to qualify for 75 month term.

BOATS

Amount Financed Maximum Term

$50,000-$75,000

$25,000-$49,999

$15,001-$24,999

Less than $15,000

96

84

72

60

Trans Union Fico Score

A+

A

B

C

D

E

730+

690-729 660-689 620-659 580-619 579-Below

6.30%

6.60%

7.30%

N/A

N/A

N/A

6.20%

6.50%

7.20%

9.60%

N/A

N/A

5.09%

5.39%

6.99%

9.50%

15.90%

18.00%

4.29%

4.59%

6.49%

9.25%

15.90%

18.00%

* Increase Interest Rate by 1.00% for all models 2012 and older

Please Read:

? Rates are determined using Trans Union FICO 08 Score and are not

negotiable. In cases where a cosigner is required, the higher credit

score is used to determine the rate. If one of the two applicants does

not register a score, rate will be determined based on the applicant

that has a credit score.

? First due dates must not exceed 60 days from date of contract and no due

date can be set up for later than the 25th of the month.

? 10% Down Payment on Loans $25,000+

RVS and CAMPERS

Amount Financed Maximum Term

$25,000+

$15,000- $24,999

$14,999 and below

190

132

84

Trans Union Fico Score

A+

A

B

C

D

E

730+

690-729 660-689 620-659 580-619 579-Below

5.99%

6.29%

7.75%

10.75%

N/A

N/A

5.25%

5.60%

7.35%

9.95%

15.99%

18.00%

4.39%

4.75%

6.75%

9.50%

15.79%

18.00%

* Increase Interest Rate by 1.00% for all models 2012 and older

Please Read:

? Rates are determined using Trans Union FICO 08 Score and are not

negotiable. In cases where a cosigner is required, the higher credit

score is used to determine the rate. If one of the two applicants does

not register a score, rate will be determined based on the applicant

that has a credit score.

? First due dates must not exceed 60 days from date of contract and

no due date can be set up for later than the 25th of the month.

? Include dealer invoice for New and NADA Book-out Sheet for Used

with all options.

GCS Rewards Mastercard?

Score

Rate

Limits

730+

7.9%

$250-$25,000

690-729

9.9%

$250-$20,000

660-689

12.9%

$250-$10,000

620-659

16.9%

$250-$7,500

619-below

18.9%

$250-$5000

CD Loans

In-House CD

APR is 2.5% over certificate rate.

Term not to exceed maturity of CD.

Will lend 100% of face value. Floor

limit is 6.0%

Other Institutions' CD

APR is 10.75%. Term (same as

above). Will lend 90% of face value.

? 15% minimum down payment on loans $50,000+

? 10% minimum down payment on loans $25,000 - $49,999

? Contracts will not be funded without all necessary paperwork (ie

Membership Cards, Copies of Driver¡¯s Licenses, proof of income, etc.)

? GCS Credit Union will not accept letters from employers as proof of income.

Current check stubs with year to date income or IRS Tax documents are

required.

Personal Loans

Closed End

A+

8.9%

A

10.9%

B

13.9%

C

15.9%

D

16.9%

E

18.0%

Freedom Line - Open End

A+ & A

B

C

D

E

8.9%

9.9%

11.9%

13.9%

14.9%

Share Secured Loans

Share Secured 2.5%>low share rate

Share Secured loans have a 3.0% floor limit

Rate Discounts (in-house loans only)

DBO/Auto Transfer

(Does not apply to VISA, Real Estate, or

Open-End Loans)

A+

A

B

C

D

E

0.25%

0.25%

0.25%

0.35%

0.50%

0.50%

No further Discounts below 2.39%

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